The United Kingdom’s drive to be a global innovation hub for financial technology and cryptocurrency is backed by its financial regulators, which have developed regulatory frameworks and launched innovative initiatives to boost the fintech sector. They’ve also formed cooperative partnerships with similar industries, such as Singapore’s.
Key developments of interest over the last month include: the UK government announcing a package of financial services regulatory reforms (the “Edinburgh Reforms”) to drive growth and.
The UK and Singapore recently participated in the 7th UK-Singapore Financial Dialogue, where a memorandum of understanding on the UK-Singapore Fintech…